Internet Marketing
By: suganyapragasam • Essay • 510 Words • May 5, 2011 • 1,205 Views
Internet Marketing
Barriers to e-commerce adoption
? Owners lack awareness of the technology
? Lack of available information about EC
? Lack of business opportunities
? Lack of time to implement e-commerce
? Concerns about security of e-commerce/payment systems
? E-commerce yet to gain acceptance, lack of critical mass among customers/suppliers/business partners to implement e-commerce, Reluctance of customers to purchase online
? Unfamiliarity with the internet
? Lack of senior people enthusiasm to use the technology
? High costs of investment/implementation, connection, start up or usage
? Cultural barriers
? Infrastructure issues, inadequate infrastructure (telecommunications and financial)
? Lack of understanding of how the technology could affect their business, did not believe online marketing would be effective.
? Uncertainty about benefits/advantages of e-commerce
? Lack of technical skill and IT knowledge among employees
? E-commerce is too complex to implement
? E-commerce is deemed not suitable for the product/service offered or the way SMEs/their clients do business
? Not sure which hardware or software to choose, technical limitations of hardware and software
? Heavy reliance on external consultants (who are considered by small businesses to be inadequate) to provide necessary expertise.
? Small business require short term ROI and e-commerce is a long term investment, concern about ROI, reluctance to make substantial investments when short term returns are not guaranteed
? Inadequate legal systems, enforceability of contracts negotiated over the network
? E-commerce is perceived a technology lacking direction
? Decreased productivity through frivolous use
? Inappropriate pricing structure
? Verification of authorship of message
? Resistance to change because of fear of new technology among employees
? Government not taking a leading role. Lack of Government support/involvement
? Guarantee of message delivery
? Mistrust of IT industry
? Tampering with network message
? Preference for and satisfaction with traditional manual methods
? Unauthorized access to internal networks
? Interception of network messages
? Lack of guidelines about how to start the process.
Recent e-commerce adoption barriers in SMEs
? Lack of suitable EC solutions for SMEs
? Problems in solving compatibility issues with existing IT system
? Difficulty in changing the existing working